In the luxury real estate market, what’s hot is constantly changing. Here, we take a look at three of the industry’s latest trends including cutting-edge high technology infused throughout multi-million-dollar homes and wellness amenities in some of the world’s most stunning vertical residences.
1000M (Photo Credit: Credit to Millerhare)
WELLNESS IS THE NEW LUXURY
Major cities like New York, Singapore, Miami, London and Los Angeles are home to some of the most stunning and state-of-the-art residence towers in the world. As residents around the world embark on their new year resolutions, health and wellness have become the most highly requested amenity features in luxury skyscrapers. Coined as the ‘new luxury,’ developers are taking wellness to the next level by creating like-minded health enthusiast living communities and incorporating immersive wellness amenities and spaces into the stunning sky homes.
VERTICAL LIVING IS AT AN ALL-TIME HIGH DEMAND
Sky homes are at an all-time high. While single homes are still being in demand across the world, more homebuyers are opting to buy homes in luxurious residence towers across the globe. The shift towards vertical living is a result of two things: major cities are running out of prime luxury land to build on horizontally and sky homes are now offering the latest in cutting-edge technologies, sophisticated design and finishes, resort-like amenities and exceptional service.
THE INFUSION OF HIGH TECHNOLOGY
There is an increase in amenities that seamlessly mix the virtual world and the real world for tech-savvy residents. Golf simulators, virtual meditation and gaming are some of the top most requested high-tech amenities. High-tech homes with the latest in cutting-edge technology and security systems, while not a new concept in the market, are continuing to be requested by homebuyers in every major market. In the era of smartphones and the digital world at our fingertips, developers are beginning to come up with new innovative ideas of implementing the latest in smart-home technologies in today’s horizontal and vertical homes.
